Online gambling is a major contributor in Spain

The DGOJ published the financial report from gambling activity in Spain, and the online sector continues to trend high.

Spain.- The Directorate General for Game Management (DGOJ) of Spain recently published the third-quarter financial report. Although the economic growth of the industry had already been highlighted, the online gambling sector proved to be a major force in Spain.

The report indicates that online gambling experienced a growth of 16.5% compared to the previous quarter, and 3.2% when compared to the same period in 2018. On the other hand, sports betting was the top scorer in the country with 43.9%. The total GGR of bets amounted to almost US$111 million in more than US$665 million waged by users.

More online growth

Moreover, the financial report details that the monthly average of active accounts in the third quarter was 869,499. This number represents a 1% increase from 2018, while the average of new accounts was 253,678 and an 8% rise from the previous quarter.

The gambling industry in Spain also increased numbers in the marketing sector, with spending for the third quarter at €82.3 million. Annual growth of 6% is due to a 46% rise in sponsorship and 11% in affiliates.

Spain fights match-fixing

The sports betting market in Spain will collaborate to stop the reported threats around sports leagues. As confirmed by the local press, the professional leagues and sports betting operators will work together on a plan to curb match-fixing.

The software Tyche will be in charge of this initiative, “which helps by investigating information from different media, as well as from social networks, amateur forums and betting oscillations, relating it to what is happening during the game,” El Confidencial reported.

The program sends an alarm when it detects strange behaviour, but then we have to analyse the information and check if there are reasons to suspect,” said Alfredo Lorenzo, a member of the group of researchers created by La Liga and one of the discoverers of the Pizarro operation of UVED.